Compendium
Jun 23, 2025Cultural configurations drive organizational governance and behavior, encoding culture risk through authority, dissent mechanisms, and systemic structures. Supervisors now map these architectures to govern conduct and mitigate governance risk, enhancing visibility into informal networks, feedback loops, and silent reinforcement. Effective oversight aligns systems with stated values to uphold credibility and trust.
Observations
Oct 11, 2024In recent comments to the Sydney Morning Herald, ANZ's Mark Whelan, Head of Institutional Lending, admitted to the bank's slow progress in addressing non-financial risks over the past five years.